ASX sinks following RBA rate hike
Despite the RBA hiking interest rates for the first time in five months, the ASX clawed back some of its earlier losses to finish slightly lower on Tuesday.
Markets
RBA hikes rates; bank falls hit ASX
Cash rate at 12-year high of 4.35 per cent. Brookfield-EIG may launch hostile Origin bid; advisory group ISS backs offer. Westpac falls.
Warnie’s daughter forced to walk to Cup
Shane Warne’s daughter Brooke Warne was forced to “walk for half an hour” to get to the Melbourne Cup as protests broke out, stopping traffic.
ASX 200 lifts; Westpac, Origin gain
AustralianSuper ‘solidifying’ Origin stake at more than 15 per cent. Independent expert maintains Origin bid is fair. Westpac’s profit soars, dividend up amid buyback. Magellan down on outflows.
More Stories
TV host dumps his Bitcoin portfolio
A former Goldman Sachs trader turned TV host has sold almost all his Bitcoins, saying cryptocurrency values won’t go back up.
ASX ends down 0.6% amid Sydney restrictions
Australia’s share market fell for the third time in five days as Covid-19 travel restrictions for Greater Sydney and the threat of a lockdown undermined sentiment.
‘Total failure’: Slumping crypto eviscerated
It’s been a week from hell for crypto fans who are now being warned their investments are essentially “worthless” by a leading author.
Crypto warning as prices plunge
It was another wild night on the crypto market which saw bitcoin sink to a dreaded low. Now investors are being told they are facing a disaster.
Billionaire burned in crypto bloodbath
Mark Cuban says he took a hit on Titan cryptocurrency, which spectacularly lost all its value in a day, as Bitcoin also fell below a key level overnight.
Crypto plummets into dreaded ‘death cross’
As if things weren’t bad enough for crypto investors today, Bitcoin has just hit a sinister-sounding new stage and it could be devastating.
Crypto massacre as China moves in
Almost all cryptocurrencies have been absolutely brutalised and investors are in a world of pain after a savage move from China.
‘Sad’ holiday find Aussie couldn’t ignore
While visiting a supposedly idyllic holiday island, Sarah Rudd was shocked by the amount of rubbish littered on the shores. So she decided to take action.
ASX200 dives 1.8% in $42bn wipeout, CBA suffers
Investors wiped $42bn off Australian shares and government bond yields dived as global markets were roiled by hawkish comments from a Federal Reserve official and CBA shares plunged
Should you buy shares at a record high?
Aussie stocks have climbed 7 per cent in a month and would-be investors are wondering whether they’ve missed the boat.
Original URL: https://www.heraldsun.com.au/business/markets/page/197